IsoRay has withdrawn its application for a listing on the Nasdaq stock exchange because the Richland, WA, company's stock did not meet the capital market's minimum bid requirement of $4 for more than 10 trading days.
IsoRay, which is developing cesium-131 brachytherapy seeds to treat prostate and other cancers through its subsidiary IsoRay Medical, plans to reapply for the Nasdaq listing once its common stock regains its former pricing level.
By AuntMinnie.com staff writers
July 7, 2006
Related Reading
IsoRay begins cesium-131 production testing, July 7, 2006
IsoRay forecasts record seed orders, June 20, 2006
IsoRay names Hunt as controller, April 19, 2006
IsoRay adds medical advisor, February 1, 2006
IsoRay, IBt notch technology agreement, January 3, 2006
Copyright © 2006 AuntMinnie.com